Why fiscal stimulus is crucial to U.S. economic recovery
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Our fiscal resilience plan is structured around multiple layers: savings in the National Disaster Risk Fund, budget contingencies, insurance instruments such as the CRIF, the catastrophe bond, and access to pre-arranged financing from partners like the IMF, World Bank, and IDB. Some of these funds are conditional, so not all are immediately accessible. The damage from Hurricane Melissa surpasses what we had pre-arranged and set aside. That is why it was important that I attended the G20 Summit,
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